China, DeepSeek.
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ORCL is now at $147.xx down 31% YTD.
This now equals 6/12/24.
people invest in Oracle? hahahahahahaha. QQQ PGR
And EGPLF is listed as 2.5. Crazy, huh?
Back in my day, ECO 101 stated PE Ratio should be between 20-25x.
Is that out dated now......
Today's Math: ORCL PE is 44, Walmart 42, NVDA 55, AMZ 40, GOOG 23, PLTR 589.79
No clue what happens.
Thoughts ?
Stock down over 1% over 5 days …
Dell shares pop on report of $5 billion deal for AI servers for Elon Musk’s xAI...
https://www.cnbc.com/2025/02/14/dell-shares-pop-on-report-of-5-billion-deal-for-ai-servers-for-elon-musks-xai.html
Didn't buy his NVDA from Larry ???
Interesting.
"Tariffs tanked the market Friday."
Inflation today ...
ORCL is now at $172. Same price as 9/16/24. The Data Center partnership bump has melted.
ORCL was at $143.46 on 9/9/24. So we keep an eye on the earnings and volume trading now.
Tariffs tanked the market Friday.
Tesla's profits are down by more than half from last year. X is barely breaking even.
Musk will unleash unmanned Tesla's on the streets of Austin in June!
https://www.muskwatch.com/p/the-week-in-musk-elon-v-the-faa
I think it dropped due to perception that companies like Oracle have spent too much $ on infructure for AI (in this case GPUs)
Long term they are still needed. Cheaper model = more use cases = more business = higher total load. Not immediately though. History shows that dramatic drop in price per unit during tech breakthroughs normally results in total price rise due to increased volume.
By the way, Oracle stock price is roughly at the same place as a month ago. This panic just shaved off the Stargate drive.
It will rebound long term...
I don't think that has anything to do with it.
I think it dropped due to perception that companies like Oracle have spent too much $ on infructure for AI (in this case GPUs)
It will rebound long term, Oracle doesn't have its own model to compete. It has infra on cloud and consumer apps to use LLM models. So Oracle can just swap to MIT Chinese one. If LLMs become orders of magnitude more efficient it should actually make them useful for a lot of more use cases, and hopefully will use more compute capacity total Oracle got.
However, it will take a lot of time and startups can now compete on Oracle's turf more easily.